Ceramics market to grow to $2.3B in 2018

The global medical and dental ceramics market will grow from $1.1 billion in 2013 to $2.3 billion in 2018, according to a market analysis report from NanoMarkets.

The report, "Worldwide Medical Ceramics Markets: 2013," provides an in-depth market analysis of emerging medical and dental market opportunities for alumina, zirconia, silicon ceramics, hydroxyapatite, bioglass, piezoceramics, nanoceramics, and other materials.

Ceramics are now widely used in medical and dental applications, including crowns, bridges, and dental implants. Ceramics are an ideal material in these applications because of their wear resistance, inherent stability, and excellent electrical properties, NanoMarkets noted.

A major factor driving the medical ceramics market is growing skepticism of the performance and long-term biocompatibility of metallic implants. As a result, ceramic implants will experience considerable market growth, according to the firm. By 2018, the total value of ceramics used in implants will reach $1.8 billion, and continue to grow to $2.4 billion by 2020.

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